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September 8: Hobby Lobby

Wednesday - 9/7/2011, 7:22am  ET

Privately-held Hobby Lobby is aggressively expanding in Maryland and Virginia with an eye to executing leases on stores that are close to the DC Beltway. The retailer has just opened its fourth location in the region, in Salisbury, MD, and next month it will open its fifth store here. H&R Retail's president David Ward tells GlobeSt.com. "Hobby Lobby doesn't have a set number of stores it is opening in the region but it does have an 'open to buy' for the DC/Baltimore area."